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Earnings per Share (Tables)

12 Months Ended

Jun. 30, 2023

Earnings per Share

Earnings per Share

The following table sets forth the computations of basic and diluted earnings per share and antidilutive shares (in thousands, except per share data):

​

​	​	​	​	​	​	​	​	​	​
​	​	Year Ended June 30,
​	​	2023		​	2022		​	2021
Numerator:	​	​	​	​	​	​	​	​	​
Net income (loss) attributable to Adtalem:	​		​	​		​	​		​
Continuing operations	​	$	101,752	​	$	(35,955)	​	$	63,448
Discontinued operations	​	​	(8,394)	​	​	346,946	​	​	6,579
Net income attributable to Adtalem	​	$	93,358	​	$	310,991	​	$	70,027
​	​	​	​	​	​	​	​	​	​
Denominator:	​	​	​	​	​	​	​	​	​
Weighted-average basic shares outstanding	​	​	44,781		​	48,388		​	51,322
Effect of dilutive stock awards	​	​	743		​	—		​	323
Effect of ASR	​	​	76		​	—		​	—
Weighted-average diluted shares outstanding	​	​	45,600		​	48,388		​	51,645
​	​	​	​	​	​	​	​	​	​
Earnings (loss) per share attributable to Adtalem:	​	​	​	​	​	​	​	​	​
Basic:	​	​	​	​	​	​	​	​	​
Continuing operations	​	$	2.27	​	$	(0.74)	​	$	1.24
Discontinued operations	​	$	(0.19)	​	$	7.17	​	$	0.13
Total basic earnings per share	​	$	2.08	​	$	6.43	​	$	1.36
Diluted:	​	​	​	​	​	​	​	​	​
Continuing operations	​	$	2.23	​	$	(0.74)	​	$	1.23
Discontinued operations	​	$	(0.18)	​	$	7.17	​	$	0.13
Total diluted earnings per share	​	$	2.05	​	$	6.43	​	$	1.36
​	​	​	​	​	​	​	​	​	​
Weighted-average antidilutive shares	​	​	403	​	​	1,869	​	​	1,143

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- References

No definition available.

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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